For most kinds of business, expenses break down into product cost -- including inventory -- and period cost. If you run a business, distinguishing between types of inventory, other produc Chron ...

The total period cost, for example, isn't tied to one particular product or service, but it can take up a big chunk of your budget. Office rent, advertising expenses and business insurance all ...

Sales and marketing are traditionally flagged as SG&A (selling, general and administrative) period costs, but they contain strong links to product cost, customer cost, distribution channel cost, and ...

Under full absorption costing, variable overhead and fixed overhead are included, meaning it allocates fixed overhead costs to each unit of a good produced in the period–whether the product was ...

The cost of goods sold represents the direct costs of ... as COGS without a physically produced product to ... based on the value of goods at the start and end of an accounting period.